AINalerts » July 27, 2010

July 27, 2010 - 12:03pm

Doug King, CEO of the LT Builders Group, yesterday at EAA AirVenture said that kits for the $1.9 million (complete) single-engine turboprop LT are back in production at the former Epic factory in Bend, Ore. Epic filed for bankruptcy last year and was liquidated. The LT Builders Group subsequently acquired exclusive rights for the former Epic kitplane designs in North America and the U.S. territories.

July 27, 2010 - 11:42am

Garmin announced yesterday at EAA AirVenture that its new electronic stability and protection (ESP) stability augmentation system will be available on G1000-equipped King Air 200s later this year. ESP is being developed for G1000 and G3000 systems and helps prevent stall and spin onset, steep spirals “or other loss-of-control situations should the pilot become distracted, disoriented or incapacitated during flight,” according to Garmin.

July 27, 2010 - 11:23am

Alan Klapmeier, the former chairman of Cirrus and new CEO of Kestrel Aircraft, told AIN yesterday at EAA AirVenture that the company still needs to raise additional funds to certify its six- to eight-seat, 350-knot single-engine turboprop, but was confident it would succeed.

July 27, 2010 - 11:20am

According to Piper Aircraft’s recently appointed executive vice president, Randy Groom, a year ago only 12 people were actively working on the single-engine PiperJet program. Now there are more than 100, all but a few of them full-time Piper employees. Groom, formerly president of Hawker Beechcraft’s global customer service and support and its Beechcraft division, said that before he accepted the Piper job, he asked to fly the PiperJet.

July 27, 2010 - 11:09am

In a letter to Hawker Beechcraft employees July 23, vice president of human resources Rich Jiwanlal dismisses union allegations that the Wichita-based OEM is planning cuts that “could shrink Hawker’s total hourly work force by as much as 75 percent within the next two years, without a guarantee of even the last few jobs remaining.” In his letter, Jiwanlal did not mention the union, but said, “News sources have speculated that 50 to 75 percent

July 27, 2010 - 11:03am

Extra Aircraft announced plans Friday to produce the dormant carbon-fiber-fuselage Extra 500 turboprop single in Montrose, Colo., for $1.65 million per copy, with initial customer deliveries beginning late this year or early next. Extra Aircraft intends to send an initial group of seven to 10 employees to Extra’s factory in Dinslaken, Germany, for production training by summer’s end.


AIN Alerts

AINalerts is AIN’s business aviation e-newsletter. It is distributed twice a week on Tuesdays and Thursdays and is FREE to all subscribers. Simply fill out the subscription form, which is accessed by clicking button below. You can also use this button to update your current account information.

Subscribe to AINalerts